Haller Lake’s real estate market sending mixed signals
The median list price this week for Haller Lake real estate is $449,000 up from last week’s $417,000. With inventory and days-on-market basically unchanged and the Market Action Index (see below MAI chart) increasing, the market is not sending strong directional signal for the near-term outlook.
Supply and Demand
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Price
Prices in the Haller Lake area seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
For a more accurate pricing on residential property a Competitive Market Analysis (CMA) needs to be done comparing your home with current properties that have sold recently in your neighborhood. Haller Lake homes for sale, lifestyle search and real estate trends.
Is it a good time to sell your Haller Lake Home? Record low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory. Homeowners in the Haller Lake neighborhood that have been thinking about selling this might be time to pull the trigger.
Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the my online form
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